Common use of No Repurchase Clause in Contracts

No Repurchase. Subject to Section 2.06, the Contributor shall not have any right or obligation under this Agreement, by implication or otherwise, to repurchase from the Company any Receivable Assets or to rescind or otherwise retroactively effect any purchase of any Receivable Assets after the related Contribution Date; provided that the foregoing shall not be interpreted to limit the right of the Company to receive a Contributor Dilution Adjustment Payment, a Contributor Adjustment Payment or a Contributor Indemnification Payment.

Appears in 4 contracts

Samples: European Contribution Agreement (Huntsman International LLC), u.s. Contribution Agreement (Huntsman CORP), European Contribution Agreement (Huntsman CORP)

AutoNDA by SimpleDocs

No Repurchase. Subject to Section 2.062.6, the Contributor shall not have any right or obligation under this Agreement, by implication or otherwise, to repurchase from the Company any Receivables or other Receivable Assets related to such Receivables or to rescind or otherwise retroactively effect any purchase of any such Receivables or Receivable Assets related to such Receivables after the related Contribution DateDate relating thereto; provided that the foregoing shall not be interpreted to limit the right of the Company to receive a Contributor Dilution Adjustment Payment, a Contributor an Adjustment Payment or a Contributor Indemnification Payment.

Appears in 1 contract

Samples: Asset Backed Loan Agreement (Memec Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!